SP500 · Convergence Trade
Current Spread (mark)
updated 1s ago+0.065%higher than 12% of spread values(window 7D)
long $7,749.71 · short $7,754.73(long 2m / short 26s old)
Entry Spread (order book)-0.635%on $10,000
long $7,802.14 · short $7,752.57(average execution prices, not mark)
market median $7,752.3· long -0.0%· short +0.0%
Profit Calculator
Three scenarios: the current spread 0.06% compresses to the target (0% = full convergence). Sized at $10,000 per leg.
| If spread converges to↓ target spread | 0% | 0.5% | 1.0% |
|---|---|---|---|
| Gross profit | +$6.48 | -$43.52 | -$93.52 |
| Round-trip fees | −$17.00 | −$17.00 | −$17.00 |
| Slippage(orderbook) | −$129.02 | −$129.02 | −$129.02 |
| Funding drag(est. 1h hold) | −$0.06 | −$0.06 | −$0.06 |
| Net potential | -$139.60 | -$189.60 | -$239.60 |
Breakeven move 1.4608%·Tradeability: 0.0× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.17%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 7d · 1,946 samples
Current
+0.065%
12 pct
Median
+0.166%
Average
+0.176%
P25 → P75
+0.111% … +0.236%
Range
-0.028% … +0.428%
Std dev
±0.091%
Size$
chart range
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Live spread — order book
on size $10,000Collecting live order-book data…
Rebuilt from stored order books (last 3h) and updated every ~15s while the page is open. IN is the spread to open the position, OUT is the spread to close it; positive means the trade works in your favour. Both are walked for your position size, so they already include what depth costs you.
LONG
Gate.io(cex)
Gate.io(cex)- Mark Price
- $7,749.71
- Exchange Ticker
- SPX500_USDT
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(8h)
- +10.95%
- OI
- $2.75M
- 24h Vol
- $40.00K
SHORT
Ondo(dex)
Ondo(dex)- Mark Price
- $7,754.73
- Exchange Ticker
- US500-USD.P
- Taker / Maker
- 0.035% / 0.015%
- Funding APR(1h)
- +5.52%
- OI
- $13.86M
- 24h Vol
- $9.19M
1915 long / 1922 short samples · 8 days · auto-refresh every 30s